You are so right DC...but I'm thinking we will be way past 25 cents by then...conditional upon the gyrations of the JPM/PM markets. If Ted butler is correct about a sharp reversal in silver on deck we should soon know because that would impact very positively on any JPM with high grade silver and in production.

I noted that one of the famous fear mongers on the other site was calling for a bottom in SFMI around 12.5 cents. (I had a bid in at 10 cents but withdrew it thinking that it was just too crazy...couldn't buy any at 13 cents either although someone has.) He has been pretty dead on, not because he is a great chartist but because his handlers assured him what was coming. If so, we can only thank him for the opportunity of a 13 to 18 cent purchsase at the bottom here. I'm watching some other JPMs to see where they hit bottom on this attack. We won't know for sure since we have to wait and see how far down they want to take gold on this run... options expiry and all...if it is to the 200 day we still have to go to the $1150 area I believe. The confusion for me comes in with silver and Butler's convictions. I can't see gold hitting $1150 if silver suddenly takes off over $20...and then..where will it stop and who has the goods to stops it because paper will ot cut it any longer.

I am ghoulishly curious as to how the end game plays out for JP Morgan with their hopelessly offside, massive concentrated short position. They must get out but how? They must have a plan? Default? With a pending, publicly launched law suit about to hit them for silver market manipulation they have to be in a real squeeze. Then there is the latest Scotia revelation which will terribly smear their reputation and is angering many players in the silver markets today. Hey, isn't it interesting to see that it was exposed by a large media member? Scotia too, do not have the goods to meet deliveries that will now escalate on them. People/funds are starting to clamor for their silver and those that have are not getting it...long delays....just like the mints. These are just a few examples of many that tell us something has to give any hour/day now.

So, if one considers what may be coming and the impact on a small producing JPM with $500 million high grade, above ground gold/silver...and a potential $1 billion deposit...whose stock is trading for below what the darn mine, real estate, equipment/assets are worth...at 13 cents...each to his own.